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Filing year 2024

CAPITAL FOR CHANGE INC

Wallingford, Connecticut·EIN 06-0842738·NTEE L820 · Housing & Shelter·501(c)(3)
Total revenue
$9.8M
Total assets
$85.1M
Total expenses
$11.5M
Reported officers
26
Mission

TOGETHER WITH ITS PARTNERS, CAPITAL FOR CHANGE (C4C) AIMS FOR MORE STABILITY, WELL-BEING AND ENVIRONMENTALLY CONSCIOUS DEVELOPMENT FOR LOW-MODERATE INCOME INDIVIDUALS AND COMMUNITIES THROUGH ITS RESPONSIVE FINANCIAL SERVICES AND PRODUCTS.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 9 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Housing & Shelter organizations nationwide.

President & CEO
Above 90th percentilevs Housing & Shelter peers in Connecticut
$213k
$230k
Base
$203k
Bonus
Other
Benefits
$2k
Interim CFO (9/24 - 3/25)
75th to 90th percentile
$148k
$160k
Dir. of Consumer Lending
Highest Compensated Employee
Median to 75th percentile
$147k
$159k
Dir. of Commercial Lending & Impact
Highest Compensated Employee
Median to 75th percentile
$140k
$151k
CFO (12/23 - 9/24)
75th to 90th percentile
$136k
$146k
Officer, Senior Multi-family Lending
Highest Compensated Employee
Median to 75th percentile
$131k
$142k
Dir. of Programs & Small Buisness Lending
Highest Compensated Employee
Median to 75th percentile
$130k
$141k
Dir. of Loan Servicing
Highest Compensated Employee
25th percentile to median
$125k
$135k
Interim CFO (6/23 - 3/24)
Median to 75th percentile
$33k
$36k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 17 unpaid individuals.

Browse compensation in Housing & Shelter

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at CAPITAL FOR CHANGE INC equaled 2% of the organization's total expenses. The median for housing & shelter organizations is 7%.

This organization (2024)
2%
Sector median
7%
Middle half of sector
3% to 16%

Based on 7,888 housing & shelter organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Up 15%
from 2023

From $185k in 2023 to $213k in 2024.

$185k
2023
$213k
2024
In today's dollarsEst.
Up 11% in real terms$207k to $230k

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 15% from 2023 to 2024, while revenue fell 6%.

$185k in 2023 to $213k in 2024.
  • Chief Financial Officer pay rose 62% from 2023 to 2024.
  • Highest Compensated Employee pay rose 2% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about CAPITAL FOR CHANGE INC

What does the Chief Executive Officer of CAPITAL FOR CHANGE INC earn?

In 2024, the Chief Executive Officer of CAPITAL FOR CHANGE INC received $212,854 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Housing & Shelter organizations in Connecticut: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at CAPITAL FOR CHANGE INC compare with similar nonprofits?

Compared with the same role at Housing & Shelter organizations in Connecticut, the 2024 pay of the Chief Executive Officer at CAPITAL FOR CHANGE INC falls in the top 10%. In 2024, the highest total compensation at CAPITAL FOR CHANGE INC equaled 2% of the organization's total expenses. The median for housing & shelter organizations is 7%.

What are CAPITAL FOR CHANGE INC's revenue and expenses?

In 2024, CAPITAL FOR CHANGE INC reported $9.8M in total revenue and $11.5M in total expenses on its IRS Form 990.

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